The paper analyzes the macroeconomic specifics of the integration of Bulgaria into the European Union. It describes the necessity of integrating a small country like Bulgaria in a regional integration union like EU. It presents the macroeconomic benefits and costs of the EU membership for our...

An attempt is made to outline the role and importance of exchange rate regimes on the way to the Euro. The differences between the concepts “currency regime” and “exchange rate regime” are clarified. The types of currency regimes and exchange rate regimes are systematized. The...

The development of the concepts in the international economic integration are analyzed. The liberal, regulatory and institutional theories of economic integration and the optimum currency area theory are presented. The Copenhagen Criteria for EU membership, the Maastricht Convergence Criteria...